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Secondary Products, By-products and the Commodity Technology Assumption

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  • Elio Londero

Abstract

A more general method for preparing commodity-by-commodity input-output tables under the commodity technology assumption is presented for the case when there are produced and non-produced by-products, originating in principal and in secondary production. Existing methods of the same family are shown to be special cases of the method presented here. An incorrect model specification is found to be a sufficient condition for unwarranted negative coefficients. Finally, the model is shown to satisfy desirable properties of an input-output system

Suggested Citation

  • Elio Londero, 1999. "Secondary Products, By-products and the Commodity Technology Assumption," Economic Systems Research, Taylor & Francis Journals, vol. 11(2), pages 195-203.
    • Handle: RePEc:taf:ecsysr:v:11:y:1999:i:2:p:195-203
    DOI: 10.1080/09535319900000014
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    References listed on IDEAS

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    1. Pieter Kop Jansen & Thijs ten Raa, 2009. "The Choice of Model in the Construction of Input–Output Coefficients Matrices," World Scientific Book Chapters, in: Input–Output Economics: Theory And Applications Featuring Asian Economies, chapter 4, pages 47-66, World Scientific Publishing Co. Pte. Ltd..
    2. Steenge, Albert E., 1990. "The commodity technology revisited : Theoretical basis and an application to error location in the make-use framework," Economic Modelling, Elsevier, vol. 7(4), pages 376-387, October.
    3. Londero, Elio, 1996. "Shadow Pricing Rules for Partially Traded Goods," MPRA Paper 111765, University Library of Munich, Germany.
    4. Thijs ten Raa, 2009. "An Alternative Treatment of Secondary Products in Input–Output Analysis: Frustration," World Scientific Book Chapters, in: Input–Output Economics: Theory And Applications Featuring Asian Economies, chapter 5, pages 67-76, World Scientific Publishing Co. Pte. Ltd..
    5. ten Raa, Thijs & Chakraborty, Debesh & Small, J Anthony, 1984. "An Alternative Treatment of Secondary Products in Input-Output Analysis," The Review of Economics and Statistics, MIT Press, vol. 66(1), pages 88-97, February.
    6. Elio Londero, 2001. "By-Products," Economic Systems Research, Taylor & Francis Journals, vol. 13(1), pages 35-45.
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    Cited by:

    1. Shigemi Kagawa & Hajime Inamura & Yuichi Moriguchi, 2002. "The Invisible Multipliers of Joint-products," Economic Systems Research, Taylor & Francis Journals, vol. 14(2), pages 185-203, June.
    2. Suh, Sangwon, 2004. "Functions, commodities and environmental impacts in an ecological-economic model," Ecological Economics, Elsevier, vol. 48(4), pages 451-467, April.
    3. Elio Londero, 2001. "By-Products," Economic Systems Research, Taylor & Francis Journals, vol. 13(1), pages 35-45.

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    More about this item

    Keywords

    Input-Output; commodity technology assumption; by-products;
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis

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